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    <title>2003 (7) TMI 644 - SETTLEMENT COMMISSION, CUSTOMS AND CENTRAL EXCISE,</title>
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    <description>The case involved clandestine manufacture and clearance of goods, duty liability quantification, confiscation of seized goods and cash, and immunity from penalties. The main applicant admitted to the allegations and the duty liability was settled at Rs. 51,88,256/-. The Bench granted immunity from penalties, prosecution, and confiscation to the applicant and co-applicants under the Central Excise Act, 1944, based on cooperation and true disclosure. Seized goods were ordered to be released, and simple interest was to be paid on the settled duty amount. Immunities granted would be withdrawn if fraudulent means were employed.</description>
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    <pubDate>Thu, 10 Jul 2003 00:00:00 +0530</pubDate>
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      <title>2003 (7) TMI 644 - SETTLEMENT COMMISSION, CUSTOMS AND CENTRAL EXCISE,</title>
      <link>https://www.taxtmi.com/caselaws?id=121988</link>
      <description>The case involved clandestine manufacture and clearance of goods, duty liability quantification, confiscation of seized goods and cash, and immunity from penalties. The main applicant admitted to the allegations and the duty liability was settled at Rs. 51,88,256/-. The Bench granted immunity from penalties, prosecution, and confiscation to the applicant and co-applicants under the Central Excise Act, 1944, based on cooperation and true disclosure. Seized goods were ordered to be released, and simple interest was to be paid on the settled duty amount. Immunities granted would be withdrawn if fraudulent means were employed.</description>
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      <pubDate>Thu, 10 Jul 2003 00:00:00 +0530</pubDate>
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